Final closing of 2009 -- Lincoln Heights
 Capital Pacific is pleased to announce the closing of Lincoln Heights Shopping Center, located off of East 29th Avenue in Spokane, Washington. Capital Pacific represented a private seller in the transaction and demonstrated its ability to set accurate pricing, source motivated capital and collaborate with outside brokers. This multi-tenant 51,614 square foot shopping center received multiple offers and closed within 97% of the initial offering price. Capital Pacific's ability to anticipate objections and focus on the intrinsics of the Property helped overcome multiple hurdles such as above market rents and new bank financing. With superior client service, problem solving abilities and accurate pricing set for today’s rapidly fluctuating market conditions, Capital Pacific has risen to the occasion to successfully complete the transaction within the desired time frame. Labels: Last closing of 2009 |